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Mkhondo Local Municipality (MP303)

Financial Results

All values: R'0002025/262024/252023/242022/232021/22
AUDIT OUTCOME n/aQualified auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates122 05789 06882 80480 03174 504
Service charges207 156188 020224 469202 911214 039
Investment revenue3 0311 7272 7581 262256
Transfers recognised - operational381 955370 239391 446321 215279 332
Other own revenue152 818135 83681 75471 02946 616
Total Revenue (excluding capital transfers and contributions)867 017784 890783 231676 447614 747
Employee costs282 121264 123248 361234 561232 409
Remuneration of councillors19 62619 76418 67615 83215 453
Depreciation and amortisation81 585125 83475 79793 06791 811
Finance charges61 03032 32742 94354 64433 775
Inventory consumed and bulk purchases306 761295 491237 001181 381225 288
Transfers and subsidies-67710 6459 6127 217
Other expenditure416 195394 726349 816305 029231 763
Total Expenditure1 167 3171 132 941983 239894 127837 716
Surplus/(Deficit)(300 300)(348 051)(200 008)(217 680)(222 969)
Transfers and subsidies - capital (monetary allocations)147 953132 77196 204106 408185 121
Transfers and subsidies - capital (in-kind)21 6652 6201 6122 6245 964
Surplus/(Deficit) after capital transfers & contributions(130 682)(212 661)(102 192)(108 648)(31 885)
Income Taxn/an/an/an/an/a
Surplus/(Deficit) after Income Taxn/an/an/an/an/a
Share of surplus/(deficit) of associate-----
Surplus/(Deficit) for the year(130 682)(212 661)(102 192)(108 648)(31 885)
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure163 867144 14195 182207 263182 360
Transfers recognised - capital123 060112 85280 93494 753181 260
Borrowing-----
Internally generated funds21 84428 48011 8462 371933
Total sources of capital funds144 904141 33292 78097 124182 193
FINANCIAL POSITION
Total current assets306 597206 414221 902510 240434 069
Total non current assets2 075 3672 023 8462 012 2062 003 0571 942 039
Total current liabilities1 405 2911 225 9701 023 6911 212 3891 031 949
Total non current liabilities61 84055 32549 45850 68951 630
Community wealth/Equity977 977947 9061 159 3081 250 2181 292 529
CASH FLOWS
Net cash from (used) operating168 190120 666(106 963)(182 303)127 834
Net cash from (used) investing(146 421)(163 030)(105 247)(112 272)(177 963)
Net cash from (used) financing61110-(2 306)
Cash/cash equivalents at the year end29 512(33 532)(201 313)(290 342)(44 652)
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a195 26299 130161 115970 950
Irregular expendituren/a3 14312 20619 78313 391
Fruitless & wasteful expendituren/a29 24886 1865 17776 871
SOURCEAudited Outcome
A1 2027 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2026 Q1
Audited Outcome
A1 2024

The information in this directory is compiled from various sources and is subject to continual change. If you notice any errors or omissions, contact us so that we may correct them.
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